Minnesota-based Inspire Medical raised $40 million in a Series E financing round that the company timed to coincide the launch of its sleep apnea implant.
Funding Roundup
Spinal firm K2M’s $120M IPO hits the mark | MassDevice.com On Call
MASSDEVICE ON CALL — K2M Group’s (NSDQ:KTWO) initial public offering landed right on target with $120 million in net proceeds, even though the company lowered its per-share price.
Medrobotics raises $26M for Flex surgical robot
Massachusetts-based Medrobotics raised $26 million in a Series E fundraising round in support of its Flex surgical robot.
The company said it plans to use the new funds to launch commercial efforts in the U.S. and in Europe, as well as in pursuit of new regulatory bids. The company has European approval for the Flex system, but has not yet won a nod from the FDA.
GI Dynamics raises $32M in private placement with group overseas | Medtech funding stories for the week of May 5, 2014
K2M prices IPO under range at $132M
K2M Group cut the price on its initial public offering to $15 per share, with trading in the stock slated to begin today on the NASDAQ exchange under the KTWO symbol.
EndoGastric Solutions raises $30M in support of acid reflux device
California-based EndoGastric Solutions touted $30 million raised in a Series G fundraising round in support of its acid reflux treatment device.
ForSight moves on to VISION6 with $6M equity funding round
California ophthalmic incubator ForSight Labs is seeking $6 million in order to fund its VISION6 project, the latest in a string of developments spun out of the company.
Lightstone targets medtech and lifesciences with new $172M fund
Lightstone Ventures is ready to make some disruptive companies with its newly raised $172 million medtech and lifesciences fund, saying that market outlooks are promising for new products.
Weight loss: GI Dynamics raises $32M with private placement
GI Dynamics (ASX:GID) said it raised about $31.7 million (A$34.3 million) in a private placement with a group of "sophisticated, professional and accredited investors" overseas.
SI-Bone announces big plans for its newly raised $33 million | Medtech funding stories for the week of Apr. 28, 2014
Report: Mainstay Medical’s IPO raises $25M
Mainstay Medical‘s (MSTY.PA) European initial public offering reeled in about $25 million (€18 million) and made the spinal implant maker the 1st medtech company to float an IPO in Paris and the 1st company to attempt a dual flotation in Paris and Dublin, the Irish Times reports.